The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term ...

Following the Reserve Bank of India's recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens.

However, this has to be supplemented by some outright reverse repo operations. Otherwise, liquidity is likely to stay on the tight side,” said Frances Cheung, head of FX & rates strategy at ...

The Reserve Bank of India (RBI) has rolled back the higher risk weight assigned for bank loans to NBFCs in 2023. (Image Source: Reuters) After a long-awaited rate cut of 25 bps in February, the ...

Following the RBI's 25-basis point repo rate cut, several banks have reduced their home loan interest rates. The Reserve Bank of India's (RBI) reduction of the repo rate by 25 basis points to 6.25 ...

The Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps) to 5.7 percent going ahead amid concerns over growth, said economists. Further, they added that the central ...

The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...

Mortgage rates fell for a fifth consecutive week, hitting the lowest level since December but remaining elevated near 7%. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday ...

Reserve Bank governor Michele Bullock has ruled out another pre-election interest rate cut giving Anthony Albanese just days to decide whether to call a snap election to capitalise on Tuesday’s ...

New figures released by Compare the Market shows the average Aussie with a $642,000 loan on a variable interest rate of 6.3 per cent could be cut by as much as $104 – or around $1248 over the ...

John Hawkins was formerly a senior economist at the Reserve Bank. The Reserve Bank cut official interest rates on Tuesday, the first decrease in four years, saying inflationary pressures are ...

Treasurer Jim Chalmers said he spoke to the chief executives of the big banks about their pricing decisions after the official cash rate cut to 4.1 per cent was announced by the RBA on Tuesday ...